Law · Limitation Act
'A', on 9th January, 2015, agrees to sell his immovable property to 'B' and receives a part payment. 'A' agrees to execute the Sale Deed and handover possession on or before 9th July, 2015 upon receipt of the balance consideration. 'A' fails to do so. 'B' waits and sends a legal notice on 1st February, 2016, which 'A' denies via a reply received on 17th February, 2016. From which date does the limitation of three years available to 'B' for instituting a suit for specific performance begin to run?
- 1With effect from 17th February, 2016
- 2With effect from 1st February, 2016
- 3With effect from 9th July, 2015✓
- 4With effect from 9th January, 2015
Correct answer
With effect from 9th July, 2015
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